Climate Change Data

㈜노루홀딩스 (Noroo Holdings Co., Ltd.)

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:27,391 tCO2e/year
Scope 1 Emissions:9,210 tCO2e/year
Scope 2 Emissions:18,181 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:559,148 GJ/year
Water Consumption:270,165 tons/year
Waste Generated:9,858 tons/year
Carbon Intensity:0.023 tCO2eq./million KRW (2023)

ESG Focus Areas

  • Governance
  • Environmental
  • Social
  • Human Rights

Environmental Achievements

  • Reduced greenhouse gas emissions by 104 tCO2eq. through the installation of solar power generation facilities at three factories.
  • Developed bio-based paint and obtained USDA certification.
  • Developed biodegradable plastic containers for some products.

Social Achievements

  • Implemented Employee Assistance Program (EAP) for employees.
  • Provided health checkups and group accident insurance to employees.
  • Conducted various social contribution activities, including environmental improvement projects and donations to underprivileged neighbors.
  • Established NOROO Table Tennis Team for disabled athletes.

Governance Achievements

  • Established an ESG committee.
  • Introduced BSM (Board Skills Matrix) for board evaluation.
  • Implemented an ethics code and established various communication channels for reporting ethical concerns.

Climate Goals & Targets

Long-term Goals:
  • Carbon neutrality
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Climate change risks (physical and transition risks)
  • Supply chain disruptions
  • Increased ESG regulations and customer demands
  • Potential for accidents and environmental incidents
Mitigation Strategies
  • Developing a long-term carbon reduction roadmap.
  • Actively utilizing government support programs.
  • Strengthening compliance systems and ethical management.
  • Implementing safety and health management systems.
  • Improving communication and collaboration with stakeholders.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards, TCFD, SASB, ESRS, ISO 26000

Certifications: ISO 9001, ISO 14001, ISO 45001, IATF 16949, USDA (for bio-based paint)

Third-party Assurance: Korean Standards Association (KSA)

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Bio-based paints
  • Energy-efficient paints
  • Biodegradable plastic containers

Awards & Recognition

  • Silver Tower Industrial Medal (Minister of Trade, Industry and Energy)
  • ESG Comprehensive A Rating (KCGS)
  • Synergy Business Award (Ansan Chamber of Commerce and Industry)
  • ESG Sharing Company Award (Anyang City)